Discontinued — last reported Q3 '24
Metro NY/NJ — Revenue
AvalonBay Communities Metro NY/NJ — Revenue increased by 0.7% to $135.37M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 1.2%, from $133.73M to $135.37M. Over 2 years (FY 2021 to FY 2023), Metro NY/NJ — Revenue shows an upward trend with a 12.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates strong rental demand, successful lease-up of units, or effective rent growth strategies in the region, while a decrease may signal market softening or increased competitive pressure.
Detailed definition
This metric represents the total rental income and ancillary revenue generated from residential apartment properties loc...
Peer comparison
Comparable to regional rental revenue metrics reported by other multi-family REITs with significant exposure to the Northeast corridor.
avb_segment_metro_ny_nj_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $105.36M | $108.78M | $94.96M | $115.48M | $114.79M | $120.11M | $116.13M | $132.50M | $133.79M | $133.73M | $129.67M | $135.75M | $134.40M | $135.37M |
| QoQ Change | — | +3.2% | -12.7% | +21.6% | -0.6% | +4.6% | -3.3% | +14.1% | +1.0% | -0.0% | -3.0% | +4.7% | -1.0% | +0.7% |
| YoY Change | — | — | — | — | +9.0% | +10.4% | +22.3% | +14.7% | +16.6% | +11.3% | +11.7% | +2.5% | +0.5% | +1.2% |
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Frequently Asked Questions
- What is AvalonBay Communities's metro ny/nj — revenue?
- AvalonBay Communities (AVB) reported metro ny/nj — revenue of $135.37M in Q3 2024.
- How has AvalonBay Communities's metro ny/nj — revenue changed year-over-year?
- AvalonBay Communities's metro ny/nj — revenue increased by 1.2% year-over-year, from $133.73M to $135.37M.
- What is the long-term trend for AvalonBay Communities's metro ny/nj — revenue?
- Over 2 years (2021 to 2023), AvalonBay Communities's metro ny/nj — revenue has grown at a 12.8% compound annual growth rate (CAGR), from $415.94M to $529.68M.
- What does metro ny/nj — revenue mean?
- The total rental income earned from apartment properties located in the Metro New York and New Jersey region.